Investment project ofInvestment project ofKINAPKINAP

Open Joint Stock CompanyOpen Joint Stock Company

Mr. Refat GafarovMr. Refat GafarovDeputy Director GeneralDeputy Director General

CK

Common information on the companyCommon information on the company

Type of ownership: Type of ownership: Joint Stock Joint Stock Co.Co.

Number of workers: 564Number of workers: 564 personspersons

Year of establishment: Year of establishment: 19419422

Production of:Production of:- the school equipment - the school equipment (devices for studies of (devices for studies of physics, chemistry);physics, chemistry);- electropower (electroforce);- electropower (electroforce);- equipment (transformers, - equipment (transformers, power units, welding half power units, welding half automatic devices);automatic devices);- the sound equipment, - the sound equipment, loudspeakersloudspeakers

Common information on the companyCommon information on the company

Shareholders:Shareholders:

№№ Name of the shareholderName of the shareholder Share in charter Share in charter capitalcapital

11 StateState 551.01.0 % %

22 PersonnelPersonnel 1.11.1 % %

33 Offered for free saleOffered for free sale 47.47.9 %9 %

Information on the productionInformation on the production

Production capacitiesProduction capacities

* the company avails respective certificates of quality* the company avails respective certificates of quality

Name of a productionName of a production Capacity Capacity p.a. (unit)p.a. (unit)

Price per Price per unit (in unit (in USD)USD)

Annual Annual turnoverturnover

(in USD)(in USD)

Set of equipment for Set of equipment for chemistry studychemistry study 205 units205 units 273.3273.3 56 thous.56 thous.

Universal power supply Universal power supply devicedevice 9 300 units9 300 units 40.2540.25 374.3 thous.374.3 thous.

Set of sound equipmentSet of sound equipment 242 units242 units 454.8454.8 110.1 thous.110.1 thous.

OTHER OTHER PRODUCTIONPRODUCTION

13 918 13 918 unitsunits -- 631.7 thous.631.7 thous.

Potential of the companyPotential of the company

Buildings and Constructions:Buildings and Constructions:

Name of the objectName of the object Measure Measure unitunit Total areaTotal area

Total area of the enterpriseTotal area of the enterprise HectareHectare 6.66.6

Including those covered with Including those covered with production areasproduction areas sq.metersq.meter 25 thous.25 thous.

Area of roofed storagesArea of roofed storages sq.metersq.meter 33..44 thous. thous.

Subsidiary productions (objects Subsidiary productions (objects of engineering provision)of engineering provision) sq.metersq.meter 4.9 thous.4.9 thous.

Engineering communicationsEngineering communications

Name of the Name of the resourceresource

Measure Measure unitunit

Cost per Cost per unitunit

(in soums)(in soums)

Annual need Annual need for the for the

creation of creation of productionproduction

HeatingHeating sq.m.sq.m. There are special burners There are special burners and heaters and heaters provided by the provided by the

enterprise itselfenterprise itselfHeat waterHeat water Cubic m.Cubic m.

Home cold waterHome cold water Cubic m.Cubic m. 240240 Enterprise is Enterprise is supplied with supplied with all necessary all necessary production production

resources and resources and engineering engineering

communicatiocommunicationsns

Water for technical Water for technical needsneeds

Cubic m.Cubic m. 240240

Natural gasNatural gas Cubic mCubic m.. 41.441.4

ElectricityElectricity KilowattKilowatt 28.228.2

SewerageSewerage Cubic mCubic m.. 181800

Existing equipmentExisting equipment

* all machines are in the working condition* all machines are in the working condition

List of equipmentList of equipment Number of Number of equipment (unit)equipment (unit)

Year of Year of productionproduction

Metal cuttingMetal cutting 263 units263 units 1972 - 19901972 - 1990

PunchingPunching 54 units54 units 1974 – 19891974 – 1989

Scissors guillotineScissors guillotine 13 units13 units 1971 - 19831971 - 1983

Equipment for plastic Equipment for plastic productionproduction 31 units31 units 1967 - 19911967 - 1991

Equipment for chemical Equipment for chemical colouringcolouring 38 units38 units 1979 - 19911979 - 1991

OtherOther 225 units225 units 1948 - 19901948 - 1990

Supply with raw materialsSupply with raw materials

Raw materials Raw materials (main raw materials, used (main raw materials, used in the production process)in the production process)

Level of the Level of the processing in processing in

the region the region ((in %in %))

Enamel wire (Uzbekistan)Enamel wire (Uzbekistan) 10%10%

Steel angular and sheetsSteel angular and sheets (Uzbekistan)(Uzbekistan) 15%15%

Ground enamel (Uzbekistan)Ground enamel (Uzbekistan) 30%30%

Semi conductor devices (Uzbekistan)Semi conductor devices (Uzbekistan) 10%10%

LocationLocation

Distance fromDistance from KilometersKilometers

The administrative centerThe administrative center

The enterprise is The enterprise is located in the located in the administrative administrative

centercenter

Rail roadRail road 22

Automobile road and Automobile road and encircling highwayencircling highway 1100

Information on the proposed projectInformation on the proposed project

Name of the project: Name of the project: technical modernization of the technical modernization of the enterpriseenterprise

Type of new ownership: Type of new ownership: Joint Venture as Joint Stock Joint Venture as Joint Stock CompanyCompany

Purpose of the project: Purpose of the project: meet the demands of domestic meet the demands of domestic and foreign markets in home appliances and devices, and foreign markets in home appliances and devices, equipment and visual aids for schools and colleges as well equipment and visual aids for schools and colleges as well as organization of new production of mini-equipments, gas as organization of new production of mini-equipments, gas compressing stations and etc. compressing stations and etc.

Total cost of the project: Total cost of the project: a foreign investor is offered a foreign investor is offered 47.9% of the state share in the charter capital47.9% of the state share in the charter capital

Information on the proposed projectInformation on the proposed project

Possible expansion markets: Possible expansion markets: Uzbekistan,Uzbekistan, Russian Russian Federation, Tajikistan, Kazakhstan, AfghanistanFederation, Tajikistan, Kazakhstan, Afghanistan

Works to be implemented by Uzbek party: Works to be implemented by Uzbek party: preparation of feasibility studypreparation of feasibility study

Works to be implemented by foreign party: Works to be implemented by foreign party: introduction of new technologies and know-howintroduction of new technologies and know-how

Privileges provided to the newly created joint Privileges provided to the newly created joint venture: venture: guarantees and privileges are provided to guarantees and privileges are provided to enterprises with foreign investments by the legislation of enterprises with foreign investments by the legislation of the Republic of Uzbekistan for foreign investments and the Republic of Uzbekistan for foreign investments and special sectors of economyspecial sectors of economy

THANK YOU SO MUCH FOR THANK YOU SO MUCH FOR YOUR ATTENTION!YOUR ATTENTION!

KINAPKINAP OPEN JOINT STOCK COMPANY (JSC) OPEN JOINT STOCK COMPANY (JSC)

Address:Address: 36 Gagarina street, 703027, Samarqand 36 Gagarina street, 703027, Samarqand

city,city,

Republic of UzbekistanRepublic of Uzbekistan

Director General:Director General: Mr. Rustamzhon Sattorov Mr. Rustamzhon Sattorov

Contact person:Contact person: Mr. Refat Gafarov, Deputy DirectorMr. Refat Gafarov, Deputy Director

Telephone: Telephone: (+9983662) 34-01-51(+9983662) 34-01-51

Fax:Fax: (+9983662) 34-01-55 (+9983662) 34-01-55

E-mail: E-mail: samkinap@yahoo.comsamkinap@yahoo.com

http://http://www.samkinap.comwww.samkinap.com

CK